Legislature(1997 - 1998)
04/29/1997 09:40 AM Senate FIN
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* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
CS FOR SENATE BILL NO. 42(STA) "An Act relating to the fiscal operations of the Alaska Railroad Corporation; and providing for an effective date." Senator Phillips moved work draft CSSB 42 (O-LS0182\K, Utermohle, 4/26/97) for working purposes. Senator Adams objected that the title was too tight. Senator Pearce asked if it affected the land and Senator Phillips said no. Senator Phillips moved CSSB 42(FIN). Senator Parnell objected and asked for a legal analysis regarding the debt service. Senator Donley asked if time was of the essence and if not more information would be needed. Jim Baldwin, Assistant Attorney General, Civil Division, Department of Law was invited to join the committee. He said he would need at least until the end of the day to provide a legal analysis as requested. Senator Phillips said he would hold his motion until tomorrow. Co-chair Sharp so ordered SB 42 held until tomorrow. ADJOURNMENT Co-chair Sharp adjourned the meeting until 8:00 a.m. tomorrow.
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